Hi Traders,
Lets look how the Dow Jones play out this week.
Monday
We open at 34639 area. Sideway for almost the whole day making the strongest move after NYSE open, peeking through the previous key level resistance 34693.
Tuesday
Price open similar level as Monday. Maintaining sideways till London Session. Tested again the 35693 Resistance before make a vast drop breaking a previous key support 34504. Reaching another key support area which is 34287. A bullish rally begins from that area returning to 34504 area.
Wednesday
Price open at the key support level. By London open, US30 continue its bullish rally breaking previous key resistance 34693. A new High was created at 34781, FOMC pushed price down back strongly breaking many previous key levels.
Thursday
Continue its bearish movement breaking a previous key level 34287 Support which by end of the day became a Resistance. Price continue its bearish trend till it reaches 34024 which was the August Low.
Friday
The day was mostly sideways. On US Session, it made a new Lower low at 33944 closing the day and week near that area.
Thank you for checking this chart out. i hope the key levels that i share will bring benefit to you. Like and follow if you like my chart.
Till next week. Enjoy your weekend
Lets look how the Dow Jones play out this week.
Monday
We open at 34639 area. Sideway for almost the whole day making the strongest move after NYSE open, peeking through the previous key level resistance 34693.
Tuesday
Price open similar level as Monday. Maintaining sideways till London Session. Tested again the 35693 Resistance before make a vast drop breaking a previous key support 34504. Reaching another key support area which is 34287. A bullish rally begins from that area returning to 34504 area.
Wednesday
Price open at the key support level. By London open, US30 continue its bullish rally breaking previous key resistance 34693. A new High was created at 34781, FOMC pushed price down back strongly breaking many previous key levels.
Thursday
Continue its bearish movement breaking a previous key level 34287 Support which by end of the day became a Resistance. Price continue its bearish trend till it reaches 34024 which was the August Low.
Friday
The day was mostly sideways. On US Session, it made a new Lower low at 33944 closing the day and week near that area.
Thank you for checking this chart out. i hope the key levels that i share will bring benefit to you. Like and follow if you like my chart.
Till next week. Enjoy your weekend